YEARLY HIGH
0.1618 SGD
YEARLY LOW
0.1392 SGD
YEARLY AVERAGE
0.1501 SGD

2020 SEK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1618. Conversely, the yearly low was recorded on March 22, dropping to 0.1392.

This high-to-low spread represents a total annual volatility of 0.0226 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1422 to the December average rate of 0.1595, the exchange rate registered a net change of 12.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1618 was up 5.24% compared to the 2019 peak of 0.1537, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SEK based on timing:

Yearly Peak High 809 SGD
2019 Average 722 SGD
Yearly Trough Low 696 SGD
Transaction Impact: A difference of 112.83 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1612
0.1403
JanuMarcMayJulySeptNove

SEK to SGD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1446, compared to 0.1557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.1446
H2 Avg (Jul–Dec) 0.1557

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0085 SGD (High: 0.1580 / Low: 0.1495). On the other end, August was the most stable month, with a tight range of 0.0025 SGD (High: 0.1582 / Low: 0.1557).

July Spread (Volatile) ±0.0085
August Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0026 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1595) against the same month in 2019 (average: 0.1439), the exchange rate shifted by +0.0156 (+10.81%).

2020 Avg (December) 0.1595
2019 Avg (December) 0.1439

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1439 0.1410 0.1422
February 0.1450 0.1416 0.1435
March 0.1467 0.1392 0.1441
April 0.1445 0.1412 0.1421
May 0.1497 0.1432 0.1459
June 0.1522 0.1475 0.1496
July 0.1580 0.1495 0.1535
August 0.1582 0.1557 0.1571
September 0.1568 0.1508 0.1545
October 0.1558 0.1522 0.1539
November 0.1577 0.1532 0.1559
December 0.1618 0.1575 0.1595